Toncoin (TON) Rising to Highs with Telegram's IPO News. ๐ฅ๐
In a surprising twist, Toncoin (TON) has soared by an impressive 24% in the last 24 hours, hitting its highest point since 2022.
TON's current value: $3.55, with trading volumes spiking 175% to $170 million in the past day.
TON boasts a consistent 68% increase over the past month.
Telegram's crypto-friendly advertising decision played a pivotal role in TON's recent success.
Binance's introduction of perpetual futures trading for TON significantly boosted momentum.
Speculations around Telegram's IPO intensified TON's rise, with founder Pavel Durov revealing a user base of 950 million.
Durov hints at Telegram's approaching profitability, eyes a future IPO with a projected valuation exceeding $30 billion.
Telegram likely to pursue a U.S. listing post-profitability and in favorable market conditions.
Toncoin's surge mirrors a broader crypto trend, influenced by strategic moves from players like Telegram and Binance. As the crypto landscape evolves, keeping a close eye on Toncoin is crucial to staying informed about these impactful developments.
